Amanda Stanhaus

Tag: investment bank

Bank

An establishment that stores and plays with $$. Fun fact: investment and commercial banks are not the same.

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)

Investment Bank

Not my corner bank. These kinds of banks bring stocks into being (AKA IPOs (AKA initial public offerings)) and help them as they grow up (AKA underwrite (AKA buy up the stock no one else buys after an IPO)).

(Originally published on Amanda Stanhaus’s financial literacy vocab blog: XO, Bettie Vocab.)